The past decade has been one of the most transformative and challenging periods for government accountants and financial employees. Since 2015, when the Governmental Accounting Standards Board (GASB) introduced Statement No. 68, a wave of new pronouncements has...
Recent tariff policy changes have created significant uncertainty for businesses across industries. While headlines focus on international politics and global trade tensions, business owners need practical guidance on protecting their operations today. At Rea, we...
Meeting Complex Financial Reporting Challenges When the Lorain County Auditor’s Office began working with Rea in 2018, they were seeking more than just technical expertise – they needed a true partner who could help streamline their financial reporting...
Government entities are facing another significant change in financial reporting with the implementation of GASB Statement No. 101, Compensated Absences. This new standard, which replaces GASB 16, introduces substantial modifications to how organizations recognize and...
When it comes to cybersecurity, local governments face an unprecedented challenge. Governmental entities of all sizes have become prime targets for cybercriminals, with recent attacks throughout Ohio highlighting how vulnerable our local governments can be. Beyond the...
